If your home is your main place of business, you may be able to claim the business portion of some expenses. You may be able to calculate your home-based business running expenses using: a fixed rate of 52 cents an hour for each hour you operate your business...

A 3rd Round of Business Support Fund Grants is available from Friday, 18th September 2020 to support Victorian businesses through restrictions. The Victorian Government has announced a third round of the Business Support Fund to provide direct financial support to...

With COVID-19 pandemic, this has been a difficult year for most businesses, and your business may have made a tax loss. A tax loss is when the total deductions you can claim, excluding gifts and donations, are greater than your total income for an income year. If your...

From the month of August 2020, you may be able to nominate new employees as eligible for the JobKeeper Payment scheme. These new employees must have been employed by you on 1 July 2020 and meet other eligibility criteria. This can include employees that: you...

Many small businesses change their business structure from a sole trader to more complex company or trust structures, especially when the environment changes. This can lead to errors. Some of the common errors we see include: reporting income for the wrong...

The Government is extending the JobKeeper Payment by a further six months to March 2021. Support will be targeted to businesses and not-for-profits that continue to be significantly impacted by the Coronavirus. The payment rate will be reduced and a lower payment rate...